XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, except Share data, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 20,163 $ 26,147
Restricted deposits 618 699
Accounts receivable 2,593 5,481
Unbilled revenue 6,218 5,213
Inventory 5,363 5,106
Other current assets 3,618 3,547
Total current assets 38,573 46,193
Property and equipment, net 1,599 927
Severance assets 3,241 3,165
Restricted deposit 118 115
Intangible assets, net 9,305 9,561
Goodwill 6,646 6,630
Other assets 863 745
Total assets 60,345 67,336
LIABILITIES AND EQUITY    
Short-term bank credit and current maturities of long-term bank debt 276 153
Accounts payable 1,641 2,631
Accrued payroll, payroll taxes and social benefits 2,185 2,420
Deferred Revenue 2,309 3,323
Other current liabilities 2,095 1,708
Total current liabilities 8,506 10,235
Long-term liabilities:    
Accrued severance 4,602 4,491
Other long-term liabilities 763 665
Total long-term liabilities 5,365 5,156
Equity:    
Common stock - $0.01 par value per share: Authorized - 30,000,000 shares; Issued -18,870,526 and 18,890,536 shares at December 31, 2012 and March 31, 2013, respectively 188 188
Additional paid-in capital 83,210 83,469
Warrants 44 55
Accumulated deficit (34,708) (29,733)
Treasury stock, at cost - 801,920 shares at December 31, 2012 and March 31, 2013 3,036 3,036
Accumulated other comprehensive income 678 716
Total Acorn Energy, Inc. shareholders’ equity 46,376 51,659
Non-controlling interests 98 286
Total equity 46,474 51,945
Total liabilities and equity $ 60,345 $ 67,336
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 30,000,000 30,000,000
Common stock, shares issued 18,892,456 18,870,526
Treasury stock, shares 801,920 801,920